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." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> suarez: the prospects for passage of immigration reform, by a big margin, appeared to brighten considerably today. supporters talked hopefully that they'd met demands for greatly expanded policing of the border with mexico. >> madame speaker, i rise to speak. >> suarez: two republicans went to the senate floor this afternoon to announce a potentially critical compromise on a key sticking point for many in the g.o.p. >> americans want immigration reform, of that there is no doubt. they want us to get it right and that means first and foremost securing the border. >> some people
economy. the federal reserve raises its predictions for growth and jobs. anthony mason on the new outlook. the director of the f.b.i. surprised many today with a frank answer to this question: >> does the f.b.i. use drones for surveillance on u.s. soil? >> pelley: bob orr on the f.b.i.'s program. this is supposed to be the answer to america's biggest nuclear contamination problem, but it's billions over budget. carter evans investigates. and ken moreis' great-great- great grandfather is a giant of american history. jim axelrod on how a powerful legacy changed one man's man'sn. mission. >> frederic douglas said it's easier to build strong children than repair broken men. captioning sponsored by cbs >> pelley: good evening. it doesn't happen very often but it happened today-- the stock market plunged in reaction to good news. the news from the head of the federal reserve was that the economy is doing better. here's the part wall street did not like. ben bernanke said the economy is doing well enough that the fed is likely to ease back on one of its stimulus programs, a bond buying program t
, risks have diminished. the economy is getting better and tapering off will continue. he gave as you very specific timeline for tapering off of the bond purchases. all that weighed in on the market. the question is whether this is it or there are worst times to come in terms of a selloff t was a selloff and it was instigated by the federal reserve. cheryl: dow is down 205 points. we really had a vast breadth of selling in the last five minutes. david: that is the intraday low for all of the markets as they all take a dive below 1:00%. "after the bell" begins right now. cheryl: let's get right to today's action. we had a lot of it. bret says be prepared for a pullback. you got one day. larry hilsenrath. director of research who says there is one indicator no one is talking about that could determine when the fed tapers. of course mark sebastion in the pits of the cme. mark, i want to start with you, what a day especially when you look at swings in treasury price, volatility there, dollar, gold, what was the top of your radar today? >> the dog that is wagging the whole market's tail is 10-y
reserve painted a brighter picture of the economy today. the central bank estimated unemployment will fall a little faster than expected this year and next. chairman ben bernanke said that means the fed may start scaling back its stimulus efforts later this year. he promised it will come in measured steps, to reassure investors. >> we are in a more complex type of situation, but we are determined to be as clear as we can, and we hope that you are and your listeners and the markets will all be able to follow what we're saying. >> sreenivasan: bernanke's words did little to reassure wall street today. stocks fell sharply on fears that if the fed curtails its bond-buying program, interest rates will rise and growth will slow. the dow jones industrial average lost 206 points to close at 15,112. the nasdaq fell nearly 39 points to close at 3,443. the internal revenue service is taking new fire-- this time over plans to pay bonuses to employees. republican senator chuck grassley of iowa said it comes to $70 million, despite a white house directive to cancel such payments due to automatic spendin
national security but invests in the economy. it's more about who we are. i'm very hopeful. >> senators get back to work on capitol hill behind me in this 15 minutes. we expect to hear from senator reid. back to you. >> joe biden is one in the immigration leading the charge for this. >> it's time to provide a fair, reformed unfettered pass to citizenship for $11 million undocumented immigrants. >> he spoke at a awards banquet in las vegas and says this is part of the future of america. >>> and san francisco state senator leland yee will hold a news conference in support of immigration reform. he will unveil a measure that pardons 11 million immigrants and branses them similar immigration rights as same-sex couples. >>> a new volunteer center has been launched for sierra lamar. they've moved to central high school. it used to be at burnett elementary. sierra's father, steve, made the move will allow volunteers to rico -- refocus on finding her. now, antolin garcia-torres has been charged with her murder. >>> a shooting happened about 10:00 at 6th and natoma. the victim was shot twice but is
the president and his counter parts turned their attention to the global economy. >> i'm pleased to join these leaders to announce the launch of negotiations on a new trade agreement. >> the economy is not the only topic at the g8. the civil war in syria is expected to dominate talks, including president obama's meeting with russian president vladimir putin. putin opposes president obama's plan to give military assistance to rebel forces, calling the fighters barbarians. >> are these the people you want to support? are they the ones yo you want to supply with weapons? >> if the meeting between the two countries wasn't icy enough, the white house is facing questions about allegations the u.s. spied on russia leaders at a previous global summit. >> britain's guardian newspaper said the intelligence was found in classified documents edward snowden leaked. the paper says at the 2009 g20 summit in london the u.s. intercepted messages from the last russian president. it's no secret the u.s. and russia spy on each other but now it will make it harder to find common ground. >> the guardian says
economy for 160 years. bnsf, the engine that connects us. >> by bp. >> and by at&t. >> and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: it could be a breakthrough moment in the longest conflict in american history. u.s. and afghan peace negotiators are going to sit down with the militants who've been battling american troops since 2001. after 12 years of war, senior u.s. officials now say direct talks with the taliban are scheduled to begin within the next few days. the news came as president obama wound up a meeting with french with the at the g8 summit in northern ireland. the president said that the taliban must come prepared to make concessions. >> including the taliban is going to need to accept an afghan constitution that pronounces against violence is committed to
in this that america is in a global battle for capital and labor. if we're going to grow the economy in the united states at the rates he would talk about historical through our lifetime then we have got to have more labor. not only high skilled labor like science and technology and engineering and math but it is critical to increase the of h1-b visa and also start to do a better job to raise american kids to get the master's and ph.d. engineering and physics but in the short term and in the midterm lot of the labor costs to come from other countries and we are so blessed that our university system is a magnet for the best in the world when it kid gets a ph.d. in engineering from mississippi state we should staple a green card to his diploma because if not he will go home to mom buy and hire 800 people were if we let him he would much rather stay here and it is almost universally accepted that we have the other essentials labor that is not a phd. california that biggest agricultural state more than half of the farm is here illegally and only 4% are here on the special agricultural be said because
the detention facility at guantanamo bay, cuba. the latest data on the u.s. economy left something to be desired today. factory output barely rose in may, and consumer sentiment fell in june. wall street reacted with a friday sell-off. the dow jones industrial average lost nearly 106 points to close at 15,70. the nasdaq fell nearly 22 points to close at 3,423. for the week, both the dow and the nasdaq lost more than 1%. those are some of the day's major stories. now, back to judy. >> woodruff: today the city of detroit, and its creditors, were presented with a series of painful options. retired city workers were warned of significant cuts in pensions and health insurance and creditors were told the city won't be able to pay them back. the day started with an announcement that the government already defaulted on some debt. it got worse from there. ray suarez has the story. >> make the banks pay. >> suarez: a handful of protesters picketed outside the westin hotel this morning, while inside, detroit's emergency manager kevyn orr laid out a last-ditch plan to 150 creditors to accept pennies on the
it could have a greater impact on the worldwide economy than all other current trade agreements combined. >>> great news for ravens fans. for the second year the team is holding three free individual practices. the first practice is august 4th at the naval academy. then at m&t august 11th. both of these practices are open to the public. the ravens will also hold an open practice at stevens university on august 18th. because of limited seating fans must enter a lottery to get tickets. this does not mean you can try out for the team. that's different. got to get your agent to contact them. >> it's nice they're having these open practices. nothing can be as great as the college dome. that was such an amazing experience. >> i'm glad i had a chance to go out there. >> a lot of fans. they were like a couple yards away from you. >> it was incredible. >> this will do. >>> still ahead on eyewitness news at 4:00, you messed with the wrong woman. how a mother protects her children from an armed man hiding inside her car. >> the stand off over julian as asam. the latest on the wikileaks leak. >> a
in the eurozone and the economy. they'll discuss the trade negotiations associated with the potential transalantic trade investment partnership. they'll discuss the situation in afghanistan where germany remains a stalwart ally and continues to contribute to the mission there as well as, again, how nato can provide support beyond 2014. i don't anticipate they'll discuss syria, iran, and the middle east peace as issues we regularly consult closely with the german zone. following the bilateral meeting, a press conference. then a private lunch together at the chancellory. following that, the president will give remarks at the brandenburg gate. it comes on the 50th anniversary of president kennedy's speech at the height of the cold war when west berlin was under considerable siege. given the progress made in germany and the fall of the berlin wall, it's a true symbol of the partnership that we forged together. i expect the president would hit on broad themes in that speech associated with the shared history of the transalantic alliance, how far we've come together in germany and the other allies but t
trade and economy. but because some of these countries disagree how to handle the blood shed in syria, that situation is expected to be a top priority. sadly puten is very outspoken -- vladimir puten is very outspoken about president obama's plan. the two are expected to talk privately. a new cnn poll shows that president obama's approval rating has taken a dive. last month, 58% supported president obama. now just 45% of the job he's doing. that's an 18-month low. we'll take a closer look at president obama's schedule for the remainder of the g8 summit when i see you next. kyla campbell, ktvu channel 2 news. >>> david cameron is among those attending the summit. this morning he refused to comment hon a hacking scandal -- on a hackle scandal involving the government. the newspaper there reported that britain's spy agency hacked into e-mails. >>> this morning, the white house is also defending the nsa's secret surveillance program of phone and internet records. white house chief of staff denis mcdonough says the program is constitutional and carefully monitored. he also says the u.s. go
to come out on the california economy. >> reporter: the bay area says today's news of nearly half a percentage point drop in the state unemployment rate to 8.6% is promising. colorado employers added more than 10,000 jobs in may. 9000 of them in the restaurant and bar industry. that's not the only industry seeking employees. former construction worker says this is hopeful news. out of a job for a month or so. today he was taking advantage of east bay work career center. >> got a little discouraging because i wasn't too computer literate at the time. >> reporter: he's willing to tackle any obstacle. >> i've had some interviews. six interviews. >> i have friends who have been unemployed as well. i think this is the time to be creative. >> should continue to grow over the summer. we'll see what the numbers say next month. >> reporter: wait to see if the construction industry continues to hire. jade hernandez, ktvu channel 2 news. >>> more details now. not only is california's jobless rate improving, the bay area is seeing growth as well. new figures released today show about 8600 job
enthusiastically taking a lead role, but the economy and sequestration have done a number on the funding delaying plans. so is the 2018 opening date realistic? >> i think that's a reasonable target date but i guess i would make that a pretty soft date. >> reporter: but nothing worthwhile is easy. this is a vote of confidence in richmond's future and just as important, the children. there are plans to expand the university and lab's involvement in the schools. so one day, richmond's children can aspire to be the scientists at this site. >> they will now have something that represents more of the future than their proud past and we're very proud to be part of that. >> reporter: there will be a community meeting tomorrow so that the lab at the university can tell the public their long range plans and the public can weigh in. we are expected to hear some concerns about traffic in the surrounding area. but allen, unlike many, many projects throughout the in the past, here, people -- throughout the bay area in the past, here people want to see it done and are working together. >> thank you. >>> by the
is supposed to center around the world's ailing economy. but another topic is expected to draw the most attention. cbs reporter susan mcginnis reports. >> reporter: president obama left air force one holding daughter sasha's hand. for the next two days, he will meet with world leaders here in northern ireland, which he sees as an appropriate place to talk peace. >> beyond these shores right now in scattered corners of the world, there are people living in the grip of conflict. you're their blueprint to follow. we're the proof of what's possible. >> reporter: the syrian civil war is expected to dominate the talks. russian president vladimir putin says president obama's plan to arm rebel fighters who he calls barbarians will hurt the chance of peace. >> are they the ones you want to support and supply with weapons? >> reporter: president obama and president putin are scheduled to hold private talks this afternoon. the conversation comes after a new report reveals the u.s. and the uk spied on russian and others at another summit. the british newspaper the guardian says former nsa contracto
. the economy is in far more stable and a much better place than it was before. but what's happened now over the last two or three years is that we've seen a sharp slowdown in growth and an uptick in inflation. and i think those two things combined have fed through into frustration, a broader frustration that people have learned and have appreciated and have come to understand the benefits of having an economic stability. they see where the country should be going and they have had a taste for a bit of equality, a bit more of an improvement in quality of life and now they're concerned that they're going away. that that is slipping out of their hands. >> warner: and why has the hosting of the world cup, what, a year from now, and the olympics become such a sort of rallying cry of this protest? >> well, i think we have to remember that these protests have by coincidence come at the same time as a warmup tournament for next year's world cup. it's called the confederations cup. these enormous stadiums that were built to host these events are being used for the very first time. so all of a sudden
. >>> 6:26. coming up not just the economy. the top issue facing world leaders at the g8 summit. >> plus, hundreds evacuated into the streets of san francisco. the cause and will it impact business this morning? >> reporter: i'm linda yee in pacifica. she's only 10 years old, but she was able to punch her way out of an attempted kidnapping. i'll have her story. ,, ,,,,,,,,,,,,,,,,,, >>> in this case it seems like we had a tough little girl who hand herself very well. >> a man 6 feet tall approached the 10-year-old and said come with me. >> crews are going from address to address restoring service following a gas main break. >> we saw the bomb squad. we didn't know what's going on. >> president obama is in northern ireland to meet with world leaders at the g8 summit. syria is not formally on the docket but is expected to dominate the talks. >> there are very big differences between the analysis we have of what happened in syria and who is to alabama. >> we have a long road here. i don't want to create a long belief that tomorrow everybody's going home because that's not going to happen. >
economy and proposition 30 tax increase. governor brown able to keep lawmakers from spending the excess revenue. >> we not only keep the book books in balance, $1 billion reserve, paying down debt and for the first time in five years we're able to restore a few things. >> it's encouraging. lawmakers will be back to work tomorrow to pass supporting bills governor brown says he may use the line item veto to trim the budget further. >> just ahead high tab taxpayers could pay for the first family's upcoming vacation. >> that and the destructive fire in colorado history. if what officials did before the fire got out of hand that is credited tonight. >> the debt collapse in a crowded bar near miami what. investigators uncovered. >> art work here in san francisco now underway. inspire bid the sistine chapel. meet the artist behind this work. you might be surprised when you learn where you can find it, too. stay wit >>> u.s. involve nmt syria is about to change. the u.s. will now send small arms and ammunition to help rebels. support after the white house confirmed the regime used sarin on its
to toilet paper united confirms this was a bathroom in economy class. plot toilet tissue and our crew improvised and provided customers with paper napkins. we apologize to our customers on this flight for the inconvenience." united recently placed dead last in one annual report performance. united says its merge with continental was a contributing factor but insists their performance has improved. about their 2 ply problem. the airline says finding more tissue would have delayed the flight. as a passenger i would rather use cocktail napkins in a bathroom than have an hour or two delay so i'm with united on this. still ahead a violent robbery on muni caught on video. now more victims are coming forward..saying they were also attacked by a brazen teenage duo. the stock market today. the dow suffers it's worst drop of the year. the closing numbers. next. ♪ we don't have a ten step filtering process for our water. we don't need it. because crystal geyser is made by nature, not by man. crystal geyser is always bottled at the mountain source. make a wish! i wish we could lie here forever.
and economy in syria comes the new revelation from edward snowden. it could make things awkward. >> let's get to andrea mitchell who is covering this for us. good morning to you. >>> good morning. edward snowden has struck even. he is released documents on high level spying on foreign leaders including the then president of russia. >> reporter: yet another
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nasdaq lost 21. americans confidence in the economy weakened and was a prime factor. >> one bay area company is doing well. restoration hard ware shares were up today and have nearly tripled since last november they have developing a kitchen and table ware line expected to launch next year. >>> thrills and spills at a new skate park tonight. new at 10, live in fremont to show us why such a big hit maureen even though not everyone is following the rules. >> reporter: it may be empty but earlier tonight it was packed and the official opening isn't until next week. this is what it looks like to drop into fremont's new skate park. we turn the camera on a skate border. athletes of all ages are packing the park. >> it is my favorite skate park ever. >> reporter: 8-year-old gavin has been skating since he was 5. >> i broke my wrist, my toe. my knee. and another toe. >> reporter: in fact we saw several skate boarders get injured after performing trickmanoeuvres. despite this rule posted that requires skaters to wear helmet, knee and elbow pads the vast majority were not wearing safety gear.
ended on a down note the dow lost 105 points nasdaq lost 21. americans confidence in the economy weakened and was a prime factor. >> one bay area company is doing well. restoration hard ware shares were up today and have nearly tripled since last november they have developing a kitchen and table ware line expected to launch next year. >>> thrills and spills at a new skate park tonight. new at 10, live in fremont to show us why such a big hit maureen even though not everyone is following the rules. >> reporter: it may be empty but earlier tonight it was packed and the official opening isn't until next week. this is what it looks like to drop into fremont's new skate park. we turn the camera on a skate border. athletes of all ages are packing the park. >> it is my favorite skate park ever. >> reporter: 8-year-old gavin has been skating since he was 5. >> i broke my wrist, my toe. my knee. and another toe. >> reporter: in fact we saw several skate boarders get injured after performing trickmanoeuvres. despite this rule posted that requires skaters to wear helmet, knee and elbow pads
this up and down economy, we have seen big chain stores struggle to stay together, but this one may hit home harder for many p especially in the south bay was it is a reminder of the -- because it is a reminder of the day before silicon valley. >> some customers were stunned when the company filed for bankruptcy protection. >> it is kind of part of the community. i am going to be a little bit lost. >> the original was built in 1931. the olson family tended one of the last cherry orchards in the south bay. >> i remember my grandfather being a farmer. in 1963, '37, it was created to supply the farmers with all their tools and needs for farming. >> olson said big box stores swallowed up home garden customers. the lowe's chain will buy at least 60 of the 91 stores for $20 million and past debts. a spokeswoman told me the company will decide which stores will close within two or three weeks. some customers say it will never be the same. >> the beginning it was old people here for a long time. they used to have all what we want here. >> it is hard. one more piece of the past that is leaving u
programs in place to support the economy. stocks closed higher yesterday. that could change as investors find out whether or not, fed chair, ben bernanke will scale back on the $85 billion in bond purchases to hold down loan rates. >> wind whipped wildfire burning close to hundreds of homes north of phoenix. the fire started near prescott, wind gusts 22 miles an hour pushing that fire to 200 acres within an hour. residents told to evacuate. others told to be ready in case. >> things are heating up in brazil where anti-government protesters have been clashing with riot police. an estimated 240,000 protesters took to the streets in ten cities across brazil. anger fueled over government corruption, high taxes and the country any notoriously poor infrastructure despite an economic boom. >> a look at your weather -- stormy day in the pacific northwest. hot, dry in the southwest. strong winds for arizona and new mexico. pleasant day in the northeast. low humidity and bright blue skies. >> 90 or above for the south. north dakota to oklahoma. eastward. 60s for anchorage, portland, seattle. >> sc
on wall veet. a new concern raised about china's economy. and even though we got good news on the housing market it wasn't enough to combat the weekly jobs report. >>> they're asking for the public's help in tracking down a man who is looking for a job. he goes by bruce lee marshal, francois marshal. while working at a san francisco software company he allegedly established a fictitious company and hired it to do some fake work. he had that company collect over $100,000 in cash from the company he actually worked for. >>> no ruling yet. the supreme court handed down its rulings on three other cases this morning but nothing about california's ban on same sex marriage. that decision will come either next monday or next thursday. now if the court rules that same sex couples can marry once again in california, the clerk in san matte ocounty says his office is ready to go. >> our computers are ready, staff is ready. but everything else will be routine, other than the crowds. >> in the last several weeks, several bay area counties have been increasing staffing and training for what many believe
ireland today. the official discussion at the g-8 is supposed to center around europe's ailing economy but there's another topic. here is susan mcginnis reporting for wjz. >> president obama left air force 1 holding his daughter's hand. for the next two days he will meet with world leaders in northern ireland. >> beyond these shores in scattered corners of the world there are people living in conflict. you're their blueprint to follow. you're their proof of what is possible. >> the syrian civil war is expected to dominate the talks. russia's president vladimir putin said president obama's plan would hurt the chances for peace in syria. >> are these the people you want to support? are they the ones you want to supply with weapons? >> president obama and president putin are scheduled to hold private talks this afternoon. the conversation comes after a new report reveals the u.s. and the uk spied on us sha and others at another summit. >> the british newspaper the guardian says former nsa contractor edward snowden has provided classified documents which show the u.s. and uk spied on diplo
buying program later this year if the economy continues to improve. the sell-off wiped out almost two months of gains and is making some investors nervous. >> my heart sunk and i'm retired and i have my money left in that and i'm going, oh, please don't let me have to get a job in retirement because my money is gone. >> reporter: analysts say the feds pulling back is no surprise. they have to, or risk rising inflation. but it's a tricky dance. >> when we see the stock market pull back our 401(k) accounts don't look good in the next month, perhaps we won't make the consumer purchases we have been making, it may make people think twice about buying homes as interest and mortgage rates go up. it's a delicate balance. that's what the fed is trying to do right now. >> reporter: more volatility is expected ahead. still, some investors look at it as a time to buy stocks. >> as usual, these are the opportunities usually for the people who might have missed out on some of the rallies, not jumping in with both feet but stay rational and look to put your money to work. >> i will be buying soon w
conversations than i'm equipped for, because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. all your important legal matters in just minutes. protect your family... and launch your dreams. at legalzoom.com we put the law on your side. vo: ta friend under water is end usomething completely different. i met a turtle friend today so, you don't get that very often. it seemed like it was more than happy to have us in his home. so beautiful. avo: more travel. more options. more personal. whatever you're looking for expedia has more ways to help you find yours. are proven to be effective pain relievers tylenol works by blocking pain signals to your brain bayer back & body's dual action formula includes aspirin, which blocks pain at the site. try the power of bayer back & body. >>> we need to talk about the health care crisis g
i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ [ticking] >> in silicon valley, every time a company raises over $100 million and they haven't come out with their product yet, everybody starts getting the heebie-jeebies. >> michael kanellos is the editor-in-chief of the website greentech media. how has bloom gotten to have such an enormously high profile? of most of the companies out here, that's the o
and says the fed is go ease up on buying bonds. the reason is because the economy is getting strong enough to stand on it's own. if the economy is better, why would the market tank like this? >> people don't ever want to think, you know what, i can do better in bonds than stocks. a lot of people are hiding in stocks. good dividends, good yield. the bond market is safer so they're selling stocks to buy bonds and people who are in bonds are freaking out too because they think the fed is no longer going to support them. there's uncertainly everywhere. >> the bigger picture here, it's about interest rates. historically low for a long time and now interest rates are going to go up. do you think right now, if your opinion, is the economy strong enough right now to with stand the concept of money getting more expensive. >> yes. yes, it is. doesn't seem like it because we don't have the employment growth we want but at the same time we have a lot of industries doing really strong. i wish our foreign trading partners -- i wish china was doing better, and europe was doing better. we're the strongest
in the economy, everyone benefits. this also should be a no brainer. when women participate in peace making and peace keeping, we are all safer and more security secure. and when women participate in politics, the effect ripples out through society. >> does she look and sound like a candidate? >> yes. she is running for president, i'll make a bet on that right now. maybe $10. i can afford $10. she's running for president. who better to speak to those issues that are impacting american families than an out feminist. talking about the war on women all the time. there is an attack on our rights. and i'm looking to hillary to speak to those issues. >> bock, when you saw her this week in chicago, did you think that was a president in training or what? >> well, i think both of them were, i mean, to me, the head line of this conference is not the appearance by hillary clinton much she's after all married to the guy running it, but you couldn't say that about chris christie and there you had them, he and mr. bill sitting there and they had like a 40-minute conversation about things and clearly get
this because the u.s. economy is doing better. taking a live look at the big board, all the u.s. markets are down about 1.5% right now. the dow currently down 215. the nasdaq is down 44. s&p down 24. it's even sharper downattorneys overseas. >>> at -- sharper downturns overseas. >>> home sales jumped last month. that puts adjusted annual rate at 5.2 million homes. that's the highest rate in three and a half years which occurred as a buyer tax credit deadline was approaching. the medium price was 209,000, the highest level since 2008. economists say both the numbers indicate the housing market recovery is continuing. >>> americans filed 18,000 more applications for unemployment benefits last week. that put the number of new claims at 354,000. economists say that's still consistent with modest but steady growth in the job market. jobless claims are down 6% from the start of this year. >>> it was certainly a big story here at ktvu news. and now it's a big movie. "fruitvale station" the movie comes to oakland tonight. pam cook is in the studio to tell us about the special event. >> "rolling
. the biggest european economies rush here to make economic choices, the same that have been facing thr for the past five year. most that remains mired in resession. even so tough foreign ol' pohlcies could take center stage. but before all that president obama in belfast urged northern ireland to stick to the hard road of peace. president obama arrived in belfast and aurjed them to pursue the unfinished work of the 15-year-old good friday accords. >> whether you let your kids play with kids who attend a different church that's your decision. whether you take a stand against violence and hatred and tell extremists on both sides that no matter how many times they attack the peace, they will not succeed succeed, that is in your hands. >> reporter: mr. obama said america's journey to peace was slow and sometimes painful. >> when i was a boy, many stills still had separate drinking fountains and lunchroom count ters and restrooms for blacks and whites. my own parents' marriage would have been illegal in certain states. >> the president then headed to lock iron g
will attend today's some of the group of eight industrial economies with the syrian civil war expected to be on the top of the agenda. he is expected to have private discussions with presirussian president vladimir pugin. as the russian government has regime of president bashar assad. >> president obama approval rating dropped eight percentage points over the past month to 45%. the poll indicates that for the first time obama presidency, half of the public says they don't believe he is honest and trustworthy. americans are split on the controversy of national security agency anti- terrorism program to record the data on the u.s. phone calls. this is the president's low was operating in more than a year and 1/2. >> traders have been trying to figure out when to expect to cut back on the month buying program. it has been keeping interest rates low and encouraging people to buy stock. we'll wait to see what happens out that fed meeting but at this point the mood is positive on wall street. we will be back with more in just a couple of minutes. radio: it's mattress discounters' radio: it's
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